If you have to ask the question, it sounds as if you already know what you want to do.

But, on the other hand, long distance can work, and I'm pretty sure there's a straight through train from Peterborough to Nottingham, so getting there and back won't be hard. If you're both willing to give it a go, then it can work.

But if you're not happy, it would be better to address why that is, rather than attributing it all to him moving to Uni...